Halkbank posted a net profit of 10.1 billion TL in 2023


Halkbank earned a total net profit of 10 billion 112 million TL last year, while the bank’s shareholders’ equity in this period increased by 42.9 percent compared to the end of 2022 and reached 128.4 billion TL.

According to the statement made by Halkbank, the bank, which increased its asset size by 57.7 percent to 2.2 trillion TL at the end of 2023 compared to the end of 2022, increased its total loan size by 61.6 percent to 1.9 trillion TL.

Osman Arslan, CEO of Halkbank, underlined that the global economy left behind a period of recession concerns and fluctuations in financial indicators by growing thanks to the country’s resilient economy, strong leadership and competitive advantage.

Mr. Arslan stated that the country’s economy was minimally affected by the negative effects of the global economy thanks to the decisive attitude of the economy management and the strong infrastructure of the banking system.

Stating that the structural reforms and decisive economic policies implemented immediately after the presidential elections had undoubtedly played a significant role in Turkey’s steady growth, Mr. Arslan said: “The fact that Turkey’s 5-year credit risk premium (CDS) has reached 310 basis points today, having achieved a positive momentum in 2023, is one of the clearest indicators that the steps taken have started to bear fruit.”

Stating that Halkbank is the bank that knows the needs of tradesmen and artisans the best, Mr. Arslan said, “The sweat and labor of our tradesmen is in the foundation mortar of our bank. Today, while the number of tradesmen with loans in our bank is 841 thousand, our tradesmen loan size has reached 235.1 billion TL.”

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